26 Jun 2024
CAUTION: In the US, Credit card interest rates have skyrocketed to a shocking 21.47%
Moreover, credit card debt has crossed the $1 trillion mark. And personal interest payments have risen to over $500 billion. To make things worse, excess savings have now run out Source: Game of Trades
25 Jun 2024
Lumber prices continue to sink amid a soft US housing market
Source: The Daily Shot
21 Jun 2024
The Citi US economic surprise index has fallen to about the most negative since 2022
h/t @daniburgz, Liz Abramowitz, Bloomberg
21 Jun 2024
U.S. household stock allocation has reached an all-time high
Source: NDR_Research
21 Jun 2024
Reverse Repo has been falling off a cliff... Going from +$2300 billion to under $400 billion in just 1.5 years
Source: Game of Trades
21 Jun 2024
There was no support for the markets from the liquidity side this week
US liquidity shrank by $50bn as bank reserves saw the largest drop since April tax deadline. Source: Bloomberg, HolgerZ
20 Jun 2024
The count on this US yield curve inversion is up to 21 consecutive months, an all-time record. How long this goes, nobody knows
Source: Jeff Weniger
20 Jun 2024
Is AI taking jobs away from Software Developers? 🤔
Source: Barchart
